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CAS-17 (Revised 2017) Cost Accounting Standard on Interest and Financing Charges

April 4, 2017 2037 Views 0 comment Print

The following is the Cost Accounting Standard (CAS 17) (Revised 2017) issued by the Council of The Institute of Cost Accountants of India for determination of INTEREST AND FINANCING CHARGES. In this Standard, the standard portions have been set in bold italic type.

CAS 16 (Revised 2017) Cost Accounting Standard on Depreciation and Amortisation

April 4, 2017 1344 Views 0 comment Print

he following is the COST ACCOUNTING STANDARD – 16 (CAS – 16) (Revised) issued by the Council of The Institute of Cost Accountants of India on DEPRECIATION AND AMORTISATION. In this Standard, the standard portions have been set in bold italic type.

CAS 12 (Revised 2017) Cost Accounting Standard on Repairs and Maintenance Cost

April 4, 2017 2091 Views 0 comment Print

The following is the COST ACCOUNTING STANDARD – 12 (CAS – 12) (Revised 2017) issued by the Council of The Institute of Cost Accountants of India on REPAIRS AND MAINTENANCE COST. In this Standard, the standard portions have been set in bold italic type.

CAS -7 (Revised 2017) Cost Accounting Standard on Employee Cost

April 4, 2017 2676 Views 0 comment Print

The following is the COST ACCOUNTING STANDARD 7 (CAS – 7) (Revised 2017) issued by the Council of The Institute of Cost Accountants of India on EMPLOYEE COST. In this Standard, the standard portions have been set in bold italic type.

CAS-6 (Revised 2017) Cost Accounting Standard on Material Cost

April 4, 2017 3372 Views 0 comment Print

The following is the COST ACCOUNTING STANDARD 6 (CAS 6) (Revised 2017) issued by the Council of The Institute of Cost Accountants of India on MATERIAL COST. In this Standard, the standard portions have been set in bold italic type.

Appointment of CAs with Department of Ex-Servicemen’s Welfare

April 4, 2017 1125 Views 0 comment Print

We intend to appoint Associate of Chartered Accountants as Auditors for auditing the Two Charitable Funds Accounts viz., 1. Tamil Nadu Ex-Services Personnel Benevolent Fund. 2. Amalgamated Fund

Requirement of Consolidated Financial Statements – “Companies Act Vs. Ind-As”

April 4, 2017 14511 Views 0 comment Print

In today’s globalization and diversified businesses, it is very common to have several associates, Joint Ventures & Subsidiaries companies and various other forms of business formats, wherever applicable. When it comes to present Financial Statements

Services likely to undergo a metamorphosis with GST introduction: CBEC

April 4, 2017 834 Views 0 comment Print

The service is likely to undergo a metamorphosis with the introduction of GST. The officers of the CBEC have played a pivotal role in the framing of the GST Laws and Rules and we can all be justifiably proud.

Educational qualification is not a qualification prescribed for post of Kotwar in Kotwari Rules

April 4, 2017 5883 Views 0 comment Print

.The basic finding of the Board of Revenue that educational qualification is required for the post of Kotwar is unsupportable by the Rules and therefore the consequent finding recorded that the petitioner has referred incorrect educational qualification (marks sheet) to support his appointment, is also liable to quashed being perverse to the record.

GST Returns – An alternate, effective single return

April 3, 2017 5310 Views 0 comment Print

Implementation of Goods and Service Tax in India is the biggest tax reform that tax fraternities across the world are keenly watching. The GST in India comes with several unique features like Dual Structure, Cross Empowerment, and Matching of Input taxes at transaction level, making it complex and a compliance heavy tax reform.

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